David joined members of Alexandria’s Shiloh Baptist Church on Friday for a special ceremony marking the accomplishments of the Shiloh of Alexandria Federal Credit Union, which has made a large contribution to first-time homeownership for people with limited resources in the Alexandria area.
“Shiloh of Alexandria Federal Credit Union is directly responsible for opening the American dream of home ownership to Alexandrians who, for a variety of reasons, would otherwise have a very difficult time obtaining financing,” said David.
David noted that, while the General Assembly is considering legislation to reign in predatory lending such as payday and title loans, Shiloh of Alexandria Federal Credit Union is offering alternatives designed to provide financial services to people who otherwise could fall into the spiral of debt that can result from payday loans.
“This is one more example of Shiloh finding a way to make life better for Alexandrians in need,” said David.
